Commodities snapshot (precious & industrial)

Metal pack is mixed today, precious is down, while industrial is up.. Performance this week at a glance in chart & table -

Gold -

• Gold finding support at $1100 area, but finding sellers at rallies. Today's range - $1110-$1102
• Sell gold with target around $1070 area and stop around $1125 area.
• Gold is currently trading at $1104/troy ounce. Immediate support lies at $1090 and resistance at $1125 area.

Silver -

• Silver is treading water below $14.5 area focus on FOMC today. Today's range $14.47-14.28
• Silver is currently trading at $14.35/troy ounce. Support lies at $14 & resistance at $16.

Copper -

• Copper bounced back after initial selloffs. Today's range $2.43-2.38.
• Active call -Buy Copper @ $2.44 with targets at $2.55, $2.65, $2.75 and stop loss around $2.24/pound.
• Copper is currently trading at $2.42/pound, immediate support lies at, $2.24, 2.29 & resistance at $2.45.